Semtech

Business enterprise

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January 2024 Semtech wrote down $887M against the Sierra Wireless acquisition and reduced gross profit margins from 63% to 49%.
July 2023 Semtech announced a collaboration with Unabiz to produce IoT devices using both LoRaWAN and Sigfox systems.
March 20 2023 Lion Point Capital acquired 4% of Semtech Corporation's outstanding shares and entered into a cooperation agreement with Semtech.
January 2023 Semtech completed the acquisition of Sierra Wireless, championed by then President & CEO Mohan Maheswaran.
August 2022 Semtech agreed to buy Sierra Wireless in an all-cash transaction valued at US$1.2 billion, representing a 25% premium on Sierra's market value.
March 2012 Semtech purchased Gennum Corporation, a supplier of high-speed analog semiconductors.
March 2012 Semtech acquired Cycleo SAS, a supplier of wireless semiconductor products, for $5 million in cash.

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